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  • Technology and life sciences products in action
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Technology and life sciences products in action

See how The Hanover has delivered value to help give agents an edge in these complex markets.

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An information technology firm providing consulting and development services

Total account premium: $80K

Lines of business: Commercial package policy, auto, workers comp, umbrella, Technology Professional and Cyber Advantage and controlled master program (international)

The Hanover Advantage: While the incumbent carrier was not able to provide a cyber solution that met the needs of the client, our Risk Solutions team partnered with the agency to review the firm’s risk management practices and found that with their best-in-class cyber controls, our underwriting team could offer the limit the customer needed. We also helped address their international needs with the foreign local placement and controlled master program.

 

A fabless semiconductor manufacturer and software provider

Total account premium: $106K

Lines of business: Commercial package policy, auto, workers comp, umbrella, Technology Professional and Cyber Advantage, and controlled master program (international)

The Hanover Advantage: The agency was looking for an account solution for a client and wanted to improve their terms and conditions. Our underwriting team was able to structure a program that featured Technology Professional and Cyber Advantage and a controlled master program that included foreign local placements, along with commercial package, auto, workers’ comp and umbrella all in one place, offering both convenience and value.

Manufacturing

 

Female engineer examining machine part on a production line

A dental device manufacturer

Total account premium: $200K

Lines of business: Property, commercial general liability, auto, umbrella, products liability, international

The Hanover Advantage: Our agency partner saw the value in being able to provide a total solution to their insured including the package, product liability and international coverage with competitive terms and pricing. We were able to provide all lines of coverage with one primary dedicated underwriting contact.

 

A digital health platform developer

Total account premium: $75K

Lines of business: Property, commercial general liability, products liability, errors and omissions, cyber, data breach, regulator proceeding, fines and penalties

The Hanover Advantage: Our agent partner was looking for an admitted product liability placement with the ability to also include errors and omissions and cyber and turned to The Hanover. The customer saw the value in having a deductible that does not erode the limit as well as having a separate first party data breach limit that would not erode the total aggregate.

woman on computer

 

How can The Hanover help you win?

 

Hanover
Technology Advantage


Learn more

Hanover
Life Sciences Advantage


Learn more 

No

Technology and life sciences products in action

See how The Hanover has delivered value to help give agents an edge in these complex markets.

BaBIE Website Image_OnlineLearning.jpg

An information technology firm providing consulting and development services

Total account premium: $80K

Lines of business: Commercial package policy, auto, workers comp, umbrella, Technology Professional and Cyber Advantage and controlled master program (international)

The Hanover Advantage: While the incumbent carrier was not able to provide a cyber solution that met the needs of the client, our Risk Solutions team partnered with the agency to review the firm’s risk management practices and found that with their best-in-class cyber controls, our underwriting team could offer the limit the customer needed. We also helped address their international needs with the foreign local placement and controlled master program.

 

A fabless semiconductor manufacturer and software provider

Total account premium: $106K

Lines of business: Commercial package policy, auto, workers comp, umbrella, Technology Professional and Cyber Advantage, and controlled master program (international)

The Hanover Advantage: The agency was looking for an account solution for a client and wanted to improve their terms and conditions. Our underwriting team was able to structure a program that featured Technology Professional and Cyber Advantage and a controlled master program that included foreign local placements, along with commercial package, auto, workers’ comp and umbrella all in one place, offering both convenience and value.

Manufacturing

 

Female engineer examining machine part on a production line

A dental device manufacturer

Total account premium: $200K

Lines of business: Property, commercial general liability, auto, umbrella, products liability, international

The Hanover Advantage: Our agency partner saw the value in being able to provide a total solution to their insured including the package, product liability and international coverage with competitive terms and pricing. We were able to provide all lines of coverage with one primary dedicated underwriting contact.

 

A digital health platform developer

Total account premium: $75K

Lines of business: Property, commercial general liability, products liability, errors and omissions, cyber, data breach, regulator proceeding, fines and penalties

The Hanover Advantage: Our agent partner was looking for an admitted product liability placement with the ability to also include errors and omissions and cyber and turned to The Hanover. The customer saw the value in having a deductible that does not erode the limit as well as having a separate first party data breach limit that would not erode the total aggregate.

woman on computer

 

How can The Hanover help you win?

 

Hanover
Technology Advantage


Learn more

Hanover
Life Sciences Advantage


Learn more